Live Breaking News & Updates on Day Beginning

Stay updated with breaking news from Day beginning. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Treasury Issues Initial IRA Labor Guidance | V&E IRA Update | Inflation Reduction Act | Insights

In a surprising release, on November 29, 2022, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “Service”) issued Notice 2022-61 (the “Notice”), providing initial guidance on the prevailing wage and apprenticeship requirements (the “Labor Requirements”) impacting a broad swath of clean energy tax credits included in the Inflation Reduction Act of 2022 (the “IRA”) (i.e., sections 45, 30C, 45, 45Q, 45V, 45Y, 45Z, 48, 48C, 48E, and 179D of the Internal Revenue Code of 1986, as amended (the “Code”)).
....

White House , District Of Columbia , United States , Hour Division , Department Of Labor , Labor Requirements , Day Beginning , Federal Register , Labor Requirement , Construction Period , Construction Requirements ,

Treasury Issues Initial IRA Labor Guidance | Vinson & Elkins LLP

In a surprising release, on November 29, 2022, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “Service”) issued Notice 2022-61 (the “Notice”). ....

White House , District Of Columbia , United States , Hour Division , Department Of Labor , Labor Requirements , Day Beginning , Federal Register , Labor Requirement , Construction Period , Construction Requirements ,